Freelance Rate Calculator
Add up your real expenses, sales fees, and taxes, then get the hourly, daily, and weekly rate you actually need to keep your business alive.
“I tried to make my own spreadsheet, but I got overwhelmed by the number of things to account for. I never would have guessed it could be so easy and accessible!”
“Charging too little is such a common trap for freelancers. With this calculator, you can protect yourself by finding out what’s sustainable.”
“The hardest part of a proposal is determining how much to charge. Let The Freelance Rate Calculator determine your minimum rate and scale up from there.”
So, you need to earn $18,430 to cover costs???
No, you need more!
You need to earn enough to cover all annual expenses AFTER sales fees and taxes are paid.
You can't escape them ¯\_(ツ)_/¯
Fees and tax reserves are figured on what you actually bill, so your rate includes the money you set aside.
Your fees and tax rates add up to 100% or more. Lower one to calculate a rate.
Your actual tax depends on profit, deductions, other income, and where you live.
25% is an example, not a tax estimate. Include income, self-employment, and any state or local income taxes that apply to your freelance work.
↑ Your total annual sales required to break even
So, how much should you charge per hour?
How much you need to charge to break even
Your minimum daily rate
Your minimum weekly rate
Ready to go beyond your break-even point?
Covering expenses and saving $5,000 per year!
Adjusted hourly rate for the desired annual savings
Your new daily rate
Your new weekly rate